Portfolio Press Release
Red Herring selects Silicon Optix as One of the Top Ten Private Chip Companies to Watch
San Jose, CA - July 5, 2005 — Silicon Optix today announced that Red Herring has named the Company as one of the "Top Ten Private Chip Companies to Watch". The list is chosen based upon a compilation of subjective and metrical data favored by venture capitalists and investment bankers, and has become one of the most respected list of its kind. The Red Herring editors describe Silicon Optix's technology as "cool video-processing chips that squeeze high-quality images out of videos in the standard-definition format."
"To be recognized by Red Herring as one of the 'Top Ten Private Chip Companies to Watch' is truly an honor, as it validates our leadership position in the display processing market," said Paul Russo, Chairman & Chief Executive Officer of Silicon Optix Inc. "We are dedicated to expanding our market leadership and believe we are positioned well to capitalize on emerging market trends and growth opportunities."
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About Silicon Optix
Silicon Optix Inc, a privately held fabless semiconductor company, is the leading supplier of advanced video/image digital processing integrated circuits (ICs). The company's products are driving three unique technologies into a broad range of markets: a patented, powerful, array-based programmable DSP for digital video, industry-leading software algorithms from Teranex and proprietary eWARP geometry processing. Its mission is to leverage these innovative technologies into ICs that will enable the next generation of digital video/image capture, transmission, distribution, editing, storage and display solutions, with an initial focus on large area digital displays including front and rear projection. Silicon Optix is headquartered in San Jose, California, with operations in Hanover, Germany; Orlando, Florida; Taipei, Taiwan; Shanghai, China; and Toronto, Canada.